I'm not saying the company is garbage or anything of the sort Pretz.. im just observing where we are at in terms of production/profit growth and consequent SP growth.
People who took up the CR at 4.2c in 2019 have not gotten a return, and thats an overhang until we demonstrate potential for growth in profitability to really smash that barrier. This has been proven by the resistance we have seen when we have returned to that mark.
you can argue they bought high and the money did increase LoM, but not by enough to really give a payback to the CR supporters.. its just unfortunate that we havent struck something really big to lift our grade as well as LoM, and its not from a lack of effort from the company either... its just unfortunate that it hasnt paid off for that CR.
I'm just trying to be objective about why our SP is where it is and recognise what it will take to lift it at opposed to continuing to channel sideways.
granted that doesnt factor in any significant moves to PoG.
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Price($) | Vol. | No. |
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0.024 | 2296666 | 7 |
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